Insider Selling: Atlassian (NASDAQ:TEAM) CAO Sells $70,770.00 in Stock

Posted by Francis Steltz on Oct 16th, 2026

Atlassian Corporation PLC (NASDAQ:TEAM – Get Free Report) CAO Gene Liu sold 337 shares of Atlassian stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $210.00, for a total value of $70,770.00. Following the transaction, the chief accounting officer owned 55,531 shares in the company, valued at $11,661,510. This trade represents a 0.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Gene Liu also recently made the following trade(s):

On Friday, August 28th, Gene Liu sold 939 shares of Atlassian stock. The shares were sold at an average price of $190.00, for a total value of $178,410.00.
On Wednesday, August 19th, Gene Liu sold 1,125 shares of Atlassian stock. The stock was sold at an average price of $175.00, for a total value of $196,875.00.
On Friday, August 14th, Gene Liu sold 815 shares of Atlassian stock. The stock was sold at an average price of $163.00, for a total value of $132,845.00.
On Thursday, August 13th, Gene Liu sold 737 shares of Atlassian stock. The stock was sold at an average price of $165.00, for a total transaction of $121,605.00.

Atlassian Stock Performance

Shares of TEAM stock opened at $217.12 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.78 and a current ratio of 0.78. Atlassian Corporation PLC has a 52 week low of $56.01 and a 52 week high of $217.25. The company’s 50 day moving average price is $183.62 and its two-hundred day moving average price is $119.50. The company has a market capitalization of $55.10 billion, a P/E ratio of 204.66, a price-to-earnings-growth ratio of 16.08 and a beta of 1.22.

Atlassian (NASDAQ:TEAM – Get Free Report) last released its quarterly earnings results on Friday, August 7th. The technology company reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.37. Atlassian had a negative net margin of 0.82% and a positive return on equity of 20.99%. The company had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter in the prior year, the company earned $0.98 earnings per share. The business’s quarterly revenue was up 27.6% compared to the same quarter last year. On average, analysts expect that Atlassian Corporation PLC will post 0.94 earnings per share for the current fiscal year.

Institutional Trading of Atlassian

A number of large investors have recently added to or reduced their stakes in TEAM. Pictet Asset Management Holding SA increased its stake in shares of Atlassian by 27.4% during the 1st quarter. Pictet Asset Management Holding SA now owns 5,031,413 shares of the technology company’s stock worth $343,344,000 after purchasing an additional 1,080,561 shares during the last quarter. Carmignac Gestion lifted its stake in Atlassian by 115.8% in the 1st quarter. Carmignac Gestion now owns 2,603,770 shares of the technology company’s stock valued at $177,707,000 after purchasing an additional 1,397,402 shares during the last quarter. First Trust Advisors LP lifted its stake in Atlassian by 48.4% in the 1st quarter. First Trust Advisors LP now owns 2,349,842 shares of the technology company’s stock valued at $160,377,000 after purchasing an additional 766,922 shares during the last quarter. KBC Group NV grew its holdings in Atlassian by 1,691.2% during the first quarter. KBC Group NV now owns 1,440,019 shares of the technology company’s stock worth $98,281,000 after purchasing an additional 1,359,624 shares during the period. Finally, SG Americas Securities LLC grew its holdings in Atlassian by 1,516.7% during the first quarter. SG Americas Securities LLC now owns 905,629 shares of the technology company’s stock worth $61,809,000 after purchasing an additional 849,613 shares during the period. Institutional investors and hedge funds own 94.45% of the company’s stock.

Key Stories Impacting Atlassian

Here are the key news stories impacting Atlassian this week:

Positive Sentiment: Mizuho raised its price target for Atlassian from $215 to $235 and assigned an “outperform” rating. The new target suggests additional upside and signals confidence in TEAM’s growth prospects.
Positive Sentiment: Wells Fargo increased its price target from $180 to $230, adding to a series of bullish Wall Street revisions and supporting investor sentiment. Wells Fargo Raises Target for Atlassian Stock
Positive Sentiment: Atlassian’s software is being used extensively by Williams F1 Team to coordinate operations and pursue efficiency gains. The customer example provides evidence of adoption in performance-sensitive enterprise environments. Williams F1 Uses Atlassian Software
Positive Sentiment: A Valiantys report produced with Atlassian found that 98% of surveyed technology leaders have an AI initiative, but only 3% consider their organizations fully ready. The readiness gap could create demand for Atlassian’s integrated workflow, collaboration and AI-management tools. Valiantys and Atlassian AI Readiness Report
Positive Sentiment: Atlassian announced enhancements to Service Collection, including scheduling, automated setup and proactive device monitoring. These features may strengthen its IT-service offering and support broader enterprise expansion. Atlassian Expands Service Collection
Neutral Sentiment: Coverage discussing whether TEAM can reclaim its 2021 high highlights the stock’s strong rally and substantial long-term upside potential, but also underscores elevated valuation and execution risks. Will Atlassian Stock Return to Its Old High?
Negative Sentiment: Chief Accounting Officer Gene Liu sold 337 shares for approximately $70,770. The sale represented only 0.60% of his holdings, limiting its significance, but it is a modest negative signal following the stock’s sharp advance. Atlassian Insider Stock Sale

Analyst Ratings Changes

A number of brokerages recently weighed in on TEAM. Zacks Research lowered shares of Atlassian from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Citizens Jmp reissued a “market perform” rating on shares of Atlassian in a research note on Wednesday, July 1st. Barclays lifted their price target on Atlassian from $172.00 to $222.00 and gave the company an “overweight” rating in a research note on Tuesday. Citigroup boosted their price target on Atlassian from $170.00 to $225.00 and gave the company a “buy” rating in a report on Tuesday, September 1st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $200.00 price objective on shares of Atlassian in a research report on Friday, August 7th. Twenty-five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $196.74.

Read Our Latest Analysis on Atlassian

About Atlassian

(Get Free Report)

Atlassian Corporation develops collaboration, productivity and workflow-management software for technology, business and enterprise teams. Its products are designed to help organizations plan projects, manage software development, document and share knowledge, provide IT and customer support, and coordinate work across distributed teams.

Its product portfolio includes Jira for project and issue management, Confluence for team collaboration and knowledge sharing, Jira Service Management for IT service and support operations, and Trello for organizing tasks and projects.